NEWS & ANNOUNCEMENTS

News

Bachelor’s degrees come with job security

What’s the best way to get to
a career where you can make a difference in the world, do work you love for
many years, and be well compensated?

Chances are there is more
than one path to your desired career, but for many students, getting a degree
is the most secure route. Here’s why:

Jobs that only require a
high school diploma are on the decline.

A generation ago, it was
common for high school graduates to get a good paying factory or manufacturing
job and “climb the ladder” without additional education. Today, those kinds of
jobs are on the decline in the U.S.

Jobs that require a
bachelor’s degree are on the rise.

Employers are increasingly
hiring applicants with a bachelor’s degree. According to state labor market
estimates, Michigan employers will need to hire 700,000 new workers with a
degree or certificate by 2030. A whopping 71% of those jobs will go to those
with a bachelor’s degree or higher.

With a degree, you’re less
likely to face unemployment.

A bachelor’s degree helps you
get a job and helps you keep a job. That’s because employers want to hire
individuals with a degree and are less likely to lay off a college-educated
employee during economic hardship. In fact, the unemployment rate in Michigan in
2017 was only 2.4% for bachelor’s degree holders, but 7.1% for people with a
high school diploma.